DHL Group Sponsored ADR (OTCMKTS:DHLGY) Short Interest Up 345.0% in July

DHL Group Sponsored ADR (OTCMKTS:DHLGY) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 80,818 shares, an increase of 345.0% from the June 30th total of 18,160 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 428,570 shares, the days-to-cover ratio is currently 0.2 days.

DHL Group Price Performance

DHL Group stock opened at $32.33 on Friday. The business’s fifty day moving average is $30.44 and its two-hundred day moving average is $40.40. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.93 and a current ratio of 0.98. The firm has a market cap of $72.37 billion, a P/E ratio of 14.58, a P/E/G ratio of 1.51 and a beta of 1.21. DHL Group has a 52 week low of $21.77 and a 52 week high of $33.15.

Wall Street Analyst Weigh In

Several research analysts have issued reports on DHLGY shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of DHL Group in a research note on Wednesday, July 8th. Barclays restated an “overweight” rating on shares of DHL Group in a research note on Tuesday, June 16th. Kepler Capital Markets raised shares of DHL Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 2nd. Citigroup reiterated a “buy” rating on shares of DHL Group in a research report on Friday, May 8th. Finally, Zacks Research downgraded shares of DHL Group from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

DHL Group Company Profile

DHL Group (OTCMKTS: DHLGY) is the international logistics and postal services business of Deutsche Post DHL Group, headquartered in Bonn, Germany. The company operates a global network that serves corporate and individual customers with a range of logistics solutions spanning domestic and international mail and parcel services, express courier operations, freight forwarding, contract logistics and supply chain management. It offers services to e-commerce retailers, manufacturers, healthcare and automotive companies, among other industries.

Its principal operating activities are organized across distinct logistics businesses including express courier services for time‑sensitive international shipments, global forwarding and freight for air, ocean and road transport, contract logistics for warehousing and distribution, e‑commerce fulfillment solutions, and national postal and parcel operations in Germany.